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Jackson 49203
1205 W FRANKLIN
$75,400
● House - Off Market

1205 W FRANKLIN

Jackson, MI 49203
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,048 Ft²
$156,915
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

DIAMOND IN THE ROUGH. 2000 sq ft ranch in a convenient area, surrounded by historical homes. Home is totally handicap accessible, has 4 bedrooms, 2 full baths, large kitchen and living room with fireplace. Some TLC will make  this a lovely home and a great investment. Close to schools and shopping.
Unit Size
2,048 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$41
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1949

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #21062676)

Price History

Date / Event Date Event Price
Feb 27, 2015 Sold
Premium
Sold
Nov 4, 2014 Listed by HOWARD HANNA REAL ESTATE SERVI $84,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Feb 22, 2000 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 990
  • Total Building Area: 2,048
  • Building Area: 2,048
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,048
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHOEMAKERS ADD
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 0893 N 99 FT OF LOTS 1 & 2 BLK 19 SHOEMAKER'S ADD

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000800

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS
  • District: 50
  • Parcel: 3-089200000
  • Block: 19
  • Lot: 1-2
  • Municipality: JACKSON CITY
  • Latitude: 42.2435
  • Longitude: -84.4286

    Address

  • Full Address: 1205 W Franklin St
  • Address - House Number: 1205
  • Street Direction: W
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C048
  • 4-Digit Zip Code: 1563
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,662
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 206,854
  • High Value: 258,878
  • Low Value: 154,831

    Market Valuation

  • Market Total Value: $164,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2015
  • Current Sale Recording Date: Feb 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2703582
  • Previous Sale Recording Date: Feb 22, 2000
  • Previous Sale Contract Date: Feb 15, 2000
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson

Stats & Trends

Median Asking:

$148,900

Sale Price/ft²

$113

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1484 ft²

Average Home Age

98.2 years

Currently For Sale

117 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: MARY ANNE RILEY-SEAMANS, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21062676
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1205 West Franklin Street built and last sold?
The property at 1205 West Franklin Street was built in 1949 and last sold on Feb 26, 2015 for $75,400.
How much is this home worth?
The estimated value of the home located at 1205 West Franklin Street is $0.
What are some comparable homes to 1205 West Franklin Street?
There are currently no comparable homes to 1205 West Franklin Street.
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